Area News

LOOMING FED TAPER SET TO KEEP EGYPT RATES HIGH

  Egypt looks set to retain the world’s highest real-interest rate on Thursday, readying to cushion itself from the potential impact of the U.S. Federal Reserve’s tapering on emerging markets. After cutting a combined 400 basis points last year, the central bank will be mindful of ...

ECB SEEN SLOWING PANDEMIC STIMULUS AS ECONOMIC RECOVERY ADVANCES

                  The European Central Bank will begin to slow its pandemic bond purchases in the fourth quarter and will not end the entire 1.85 trillion-euro ($2.19 trillion) program before it ends next year, according to economists surveye ...

JORDAN’S WATER CRISIS DEEPENS AS CLIMATE CHANGES, POPULATION GROWSلا

At a private underground well in Amman, Imad Suleiman waits for hours to pump water into the container on his truck that he then sells on to private customers in the sprawling city of four million. He has a growing clientele among the residents of Jordan’s capital, pushed by a combination of c ...

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